In France, they may well get their wish. Unlike the U.S., where Warren Buffett’s Tax Pledge calling for higher taxes on millionaires and billionaires was met with stiff opposition from Republicans, France is leaning toward raising its …

Millionaires represent the ... Republicans now want to make these tax breaks for the wealthy permanent, perhaps to guarantee embellishments to their ornate villas in Italy and alpine chateaus in France We must extinguish once and for …

Once taxes exceed 50%, people become extremely offended that half of their money is going to the government, says Peter Megoudis, a partner at Deloitte LLP. French movie star Gérard Depardieu, for example, was so offended by …

PARIS (Reuters) - France's Constitutional Council gave the green light on Sunday to a 'millionaire'stax', to be levied on companies that pay salaries of more than 1 million euros ($1.38 million) a year. The measure, introduced in line with a …

This past week, President Obama tried to sell his new “millionaires’ tax” to the Rust Belt ... That might have been true in pre-revolutionary France, where the nobility was exempt from most taxation (and why so many were subject to a brief ...

With the recent announcement by France’s Socialist president, François Hollande, of a tax plan to soak the rich, should Americans and others get ready for another French emigration, not of explorers but of entrepreneurs and other …

The budget, approved by France’s cabinet on Friday, said that the creation of a new 75 percent tax on millionaires and higher marginal tax rates on high earners would raise some 530 million euros next year. The lowering of the threshold …